Sophia Sommer

(602) 512-9825
The Sommer Group
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Comparison

Side-by-side payments and cash to close

Lowest monthly: Assumable Loan

Total monthly

Payment stack including taxes, insurance, and HOA

Cash to close

Down payment / equity bring-to

Detail
Assumable Loan
Assumable · FHA
Current Market Conventional
New · Conventional
Loan amount$382,936$337,500
Remaining term (yrs)28.430.0
Secondary amount$0$0
Funding fee$0$0
Note rate0.000%7.400%
Blended rate0.550%7.640%
1st payment$1,063.71$2,336.78
2nd payment$0.00$0.00
Taxes / mo$216.33$216.33
Insurance / mo$150.00$150.00
MI / mo$175.51$67.50
HOA / mo$0.00$0.00
Total monthly$1,605.56$2,770.62
Cash to close$0$37,500